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by losteric 3348 days ago
> Economics beats morality. Making it about morality is counter-productive.

Always?

What happens when the market price of a biological necessity exceeds what some people can bid? If business utilization of a resource yields more economic value than the continued existence of some people, is the right choice to let them die?

2 comments

If business utilization of a resource yields more economic value than the continued existence of some people, is the right choice to let them die?

You mean Turing Pharmaceuticals raising the price of Daraprim to whatever the market will bear? People have issues with that, and for some reason for sixty years the price was closer to what the stuff costs to produce (i.e. USD 15 per dose, not USD 750.

I'd like to know more about the ecosystem the original owners operated in, and why the price was so low for so long.

Sounds horrid, but this is the reality of many poor countries - we literally still have people around the struggling to find enough food to eat. Many of them are from countries with ongoing conflicts/wars, which likely cost more than the the food the people need to be properly nourished.

To clarify - not saying it should be that way, quite the contrary.